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of <h1>Section 14A of Central Excise Act: Special Audit Initiated for Suspected Inaccurate Manufacturer Declarations, Requires Approval and Hearing.</h1> Section 14A of the Central Excise Act, 1944, allows a Central Excise Officer, not below the rank of Assistant or Deputy Commissioner, to mandate a special audit if they believe the declared value by a manufacturer is inaccurate, considering the case's complexity and revenue interests. With approval from the Principal Chief Commissioner or Chief Commissioner, the manufacturer must have their accounts audited by a nominated cost or chartered accountant. The audit report must be submitted within a specified period, extendable up to 180 days. The manufacturer is entitled to a hearing regarding any audit-based findings used in proceedings.
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